7005 Thannas WAY, Austin TX 78744

The market data from 7 similar recent sales in MEADOW LAKE points to a value of approximately $264,164. To sell within a reasonable timeframe at fair market value, the $306,000 to $319,000 range is where I'd position this. Among the similar homes currently available in MEADOW LAKE, this price point stands out as competitive. Being 141 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2003 construction puts this home 10 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in MEADOW LAKE (a buyer's market), competition is a factor to consider. In MEADOW LAKE, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 2503 Magin Meadow DR, Austin TX 78744, adjusting to $257,352; a strong comparable. 7 comparable transactions in MEADOW LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group